NASDAQ:NVCR

NovoCure (NVCR) Stock Price, News & Analysis

$12.23
-0.11 (-0.89%)
(As of 04/25/2024 ET)
Today's Range
$11.88
$12.37
50-Day Range
$11.83
$17.29
52-Week Range
$10.87
$83.60
Volume
1.15 million shs
Average Volume
1.34 million shs
Market Capitalization
$1.32 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$31.13

NovoCure MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.56 Rating Score
Upside/​Downside
154.5% Upside
$31.13 Price Target
Short Interest
Bearish
6.27% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.15
Upright™ Environmental Score
News Sentiment
0.07mentions of NovoCure in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$127,161 Sold Last Quarter
Proj. Earnings Growth
Decreasing
From ($1.78) to ($1.84) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.13 out of 5 stars

Medical Sector

122nd out of 907 stocks

Surgical & Medical Instruments Industry

20th out of 96 stocks

NVCR stock logo

About NovoCure Stock (NASDAQ:NVCR)

NovoCure Limited, an oncology company, engages in the development, manufacture, and commercialization of tumor treating fields (TTFields) devices for the treatment of solid tumor cancers in the United States, Germany, Japan, Greater China, and internationally. The company's TTFields devices include Optune Gio and Optune Lua. It also has ongoing clinical trials investigating TTFields in brain metastases, gastric cancer, glioblastoma, liver cancer, non-small cell lung cancer, pancreatic cancer, and ovarian cancer. NovoCure Limited was incorporated in 2000 and is headquartered in Saint Helier, Jersey.

NVCR Stock Price History

NVCR Stock News Headlines

NovoCure (NVCR) Scheduled to Post Earnings on Thursday
Better than Bitcoin? The Biotech Stock with 46,751% Potential
4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.
NovoCure (NVCR) Receives a Buy from Wells Fargo
Better than Bitcoin? The Biotech Stock with 46,751% Potential
4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.
Why Novocure Stock Is Jumping Today
NovoCure: Sell The METIS-Inspired Rally
Peeling Back The Layers: Exploring NovoCure Through Analyst Insights
Novocure Shares Rise After Phase 3 METIS Trial Met Primary Endpoint
NVCR Dec 2025 17.500 call
See More Headlines
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Company Calendar

Last Earnings
2/22/2024
Today
4/25/2024
Next Earnings (Confirmed)
5/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Surgical & medical instruments
Sub-Industry
N/A
Current Symbol
NASDAQ:NVCR
Fax
N/A
Employees
1,453
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$31.13
High Stock Price Target
$51.00
Low Stock Price Target
$15.00
Potential Upside/Downside
+154.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.56
Research Coverage
9 Analysts

Profitability

Net Income
$-207,040,000.00
Pretax Margin
-37.65%

Debt

Sales & Book Value

Annual Sales
$509.34 million
Book Value
$3.39 per share

Miscellaneous

Free Float
101,505,000
Market Cap
$1.32 billion
Optionable
Optionable
Beta
0.42
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NVCR Stock Analysis - Frequently Asked Questions

Should I buy or sell NovoCure stock right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NovoCure in the last twelve months. There are currently 4 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" NVCR shares.
View NVCR analyst ratings
or view top-rated stocks.

What is NovoCure's stock price target for 2024?

9 brokers have issued 1-year price targets for NovoCure's stock. Their NVCR share price targets range from $15.00 to $51.00. On average, they expect the company's stock price to reach $31.13 in the next year. This suggests a possible upside of 154.5% from the stock's current price.
View analysts price targets for NVCR
or view top-rated stocks among Wall Street analysts.

How have NVCR shares performed in 2024?

NovoCure's stock was trading at $14.93 at the start of the year. Since then, NVCR stock has decreased by 18.1% and is now trading at $12.23.
View the best growth stocks for 2024 here
.

Are investors shorting NovoCure?

NovoCure saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 6,040,000 shares, an increase of 20.6% from the March 31st total of 5,010,000 shares. Based on an average trading volume of 1,270,000 shares, the short-interest ratio is presently 4.8 days. Approximately 6.3% of the shares of the company are sold short.
View NovoCure's Short Interest
.

When is NovoCure's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our NVCR earnings forecast
.

How can I listen to NovoCure's earnings call?

NovoCure will be holding an earnings conference call on Thursday, May 2nd at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were NovoCure's earnings last quarter?

NovoCure Limited (NASDAQ:NVCR) announced its quarterly earnings results on Thursday, February, 22nd. The medical equipment provider reported ($0.45) EPS for the quarter, beating the consensus estimate of ($0.53) by $0.08. The medical equipment provider earned $133.80 million during the quarter, compared to analyst estimates of $133.80 million. NovoCure had a negative trailing twelve-month return on equity of 51.63% and a negative net margin of 40.65%. NovoCure's revenue for the quarter was up 4.2% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.36) earnings per share.

What ETFs hold NovoCure's stock?

ETFs with the largest weight of NovoCure (NASDAQ:NVCR) stock in their portfolio include Counterpoint Quantitative Equity ETF (CPAI) and Amplify BlueStar Israel Technology ETF (ITEQ).iShares U.S. Medical Devices ETF (IHI).

What is Asaf Danziger's approval rating as NovoCure's CEO?

17 employees have rated NovoCure Chief Executive Officer Asaf Danziger on Glassdoor.com. Asaf Danziger has an approval rating of 90% among the company's employees.

What other stocks do shareholders of NovoCure own?
Who are NovoCure's major shareholders?

NovoCure's stock is owned by many different institutional and retail investors. Top institutional shareholders include Taylor Frigon Capital Management LLC (0.12%), Simplex Trading LLC (0.00%), Counterpoint Mutual Funds LLC (0.04%) and GAMMA Investing LLC (0.00%). Insiders that own company stock include Asaf Danziger, Ashley Cordova, Ely Benaim, Frank X Leonard, Frank X Leonard, Gabriel Leung, Jeryl L Hilleman, Martin J Madden, Pritesh Shah, Todd Christopher Longsworth, Uri Weinberg, Wilhelmus Cm Groenhuysen and William F Doyle.
View institutional ownership trends
.

How do I buy shares of NovoCure?

Shares of NVCR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:NVCR) was last updated on 4/25/2024 by MarketBeat.com Staff

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